Newmi]Ls Pr£sbyteriaD (Iveagh) Tntee$, rep)rt and finaniial slwternents ror the year ded 31 Decemb 2025 Charlty rlumber NIC104921
Newndlls Presbyterfall {Iveagh) Contents IndependeDI Examiners Rq)ort Ststem¢nt of Financia] Activities Balanc¢ sbcel Notes to the fu¢181 ML*menls
Independent examh)er's rew)rt ¢0 the members or NewmllLs Presbyterian aveAgh) I report on the acccmuits of th¢ for the for the year end 31 Decemb¢T 2025, whi¢h ar¢ s¢1 out on the pages followig this r¢port. Respectiie responslbllltles of and examlner A.% the thIty'S trnsteG5 you ore responsible for the prep8rntion of the accounts irt accordance with the requirements of the Charities Act INI) 2CK18. It is my resrrfmsibi]ity to.. examine the accounts under section 65 of the C]wrties Act (Nortbern Ireland) 2008. follow the procedures laid down in the genernl DirectiOJJs givcn by thc Chlty Commission for Northern Ireland under section 65(9)(b) of the ChaTAties Act. and state whether pknicular nlltters have come to tny attention. BlS of Independent examiner's report I have examined Jour cknity accounts as requiml under sectith) 65 of the Charities Act And my examitttttion was cani¢d oui in accordance with th¢ g¢u¢ral Dirwtions gii'en by the Chan'ty Cotnmission for Northern eland UDd¢r scctiOD 65{9)(b} of the Charitie8 Acl. The exaEninauon included a reiTiew of the &counling records kept by the chariry and a comparison of the acCntS presented Mryth those records. It also includes con8id¢rntion of anv unu5uo] iteTDS or di5¢1osures in the a(tounts, ond seeking explamations from you as charity trnstees concerning any such matte My rolc is to si*e whether any material matters havc ¢orne to my attcntson giving me cause to beLieve'. l. That accounting records wete kepi in &cordance with section 63 of the Charities Act 2. That the accounts do not with th0 accouniitig recoids 3. That the accounts do noi cojnply with the accoun(ing requirements of the Charities Act 4. That there is further xnformatim needed for a pmptt understanding of the accounts to be reathal. Independent examiner's statenRnt I have compleied ]ny exaniination and have llo concerns in resFct of the matters (11 to (4) listed above and, in connwtion with following the DirectioDS of the c11Y co15510 for Ireland, I have foLmd no matters that require drawing to your attention. Richard MeC]ay FCA F&r and on behalf of MTS Clwtered ACnt8nts I IAnyon Quay Belfast BTI 3LG 9 March 2026 Page I
Newmi]Ls Prbyterxan {Iveagh) Statement of Financial Adivitie5 (Including Summgry Income gnd Expenditure Account) for the year ended 31 December 2025 Unr£stricted Restrict1 Endoivment Ye4r Funds Funds Totgl Year Totsl 2025 2025 2025 2024 Income from: Donations and legaci¢s Chariiable Elctivities Investn]ent income Other income Notss 236,033 231.393 21293 467.426 22293 13.236 198.333 353.679 34,193 855 701 12.878 354 193.334 Total income 253.910 447.024 354 701288 389,428 Ly*endfiture on: Charitabl¢ activitics Casts of governance (156,943) (E ?08) (186.409) {208) (183) (343.535) 11,4761 1306,585) (726) Total expenditure (158,151) (186,677) (183) (345,011) 1307.311) Net b)come before trajkrfers 95.759 260J47 171 356,277 82,117 Transfer between funds (311,833) 312281 (448) Net Incomiwd Tesonrces before galns on property TVat (216.074) 571628 (277) 356.277 82.117 Fund balallces brought fonvard 320.393 132.478 9,477 462.348 380,231 Fund banCeS carrfed forward 104.319 705,106 9,2(K> 818,625 462.348 All of the above results are derived from continuing activities.ALL gains aDd losses recognised in the year are included above. The notes on pws 4 to S form an integrnl part of these fillane1 ststemen P4ge 2
Newmllls Presbyterian (Iveaghl Balance sheet as at 31 De¢eniber 2025 2025 2024 Notes Current a55ets Cash ai bank and in hand 818,625 462,348 818.625 462,348 Net current assets 818.625 Net assets 818,625 462,348 Capital 2nd reserves Total lui)d% 818.625 462,348 Total funds 818,625 462,348 The financial %taiement% were approved by ihe Trnstees on 9 March 2026 and signed and approved for issuc on its behalf by Trnstee The notes on pageii 4 to 5 form an integral par¢ of ¢hese financial statements. Page 3
Newjnilts Presbyterlgll (Ivwhl Notes to the noandal st*tements for the year ded 31 December 2025 Aceoullting policies 11. Bads of preparation The charity constirnt¢s a public Ierrt entity &8 defined by FRS 102. The financial statements haye been prepared under die his¢Ical cost convention with lten recognised at cogt or ttansaction value unless Ixherwise statrd An the relevant lleS co these lccollnts. Th¢ financial slatemellts have been prepared ID ¢Q[danc¢ with thc Statement of Reix)truneDded Practice: Accounting and reIn. by Charitie5 preparillg their accounts in accordance with the Financial reportiug Standard applicable in the UK and Repubts"c of Ire]alld (FRS102) ISSU on 16 Jul>, 2014 and Fmallcial reporting Standd applicable ill the Lnited Kingdom and Republic of Jreland (FRS 102) and Charities Aci ( Northern Ireland) 2008. Th¢ financial 5talements aTr PTepared on a going ¢on¢ern basis under the historica] cost convention, modified (o include certain items at fair value. The financial siatements are preped in sterling whicb is the functional currency of the char. The significant accwDting policies applied in the preparation of these financial statemeThts are set out below. These w>licies have been consistently applied to all veaTs presented unless otherwise 5tsted. 12. Fund AccounttDg Uurestricted funds available for use * the disctctioD of the ttustres ill furtbcraDc¢ of th¢ generaj objcctives of the clwity. Restrirt¢d funds arc subjected to restriction3 on their cxpeudits¢ imposed by th¢ donor or throu Ihe tern)s of an appeaj IJ. RDuTce5 tno>ming resources Ail incoming resrjjrces aTe included in the SOFA when the chlty is legally entided to the income and the amount call be quaniifLed with reasonable accuraey. Donations are included as income wtrLen they are received. No amounts are included in thc financial stat¢m¢nts for S¢EYÈce5 doted by voluntew5. Re5DUTCTS expellded All expenditure is accouttted foron aD accnlS basi5 and has kn classified under headin&¥ that aggTegate all costs relating to thE caleg(Ky. WheFe cosf5 cauno¢ be diteclly attributcd to particular hcadJ'ngs thcy hay¢ bccll all{ed to 1VitieS on a basis con5A5tenl with use of the resources. P8ge 4
NewmiiLs PresbyteriaD (Iveagh) Notes to the rtnaDeial statanents for the year emded 31 December 2025 . continued 2. Income from clwitable activitie% Total 2025 Totsl 2024 Donations at)d tLgacies Gift Aid 398,250 69,176 290,727 62,952 467.426 353,679 Totsl 2025 Total 2024 Tolal r£sources expended Costs directly alloc8ted to Charitable acdvities COngatiOnal Running Expenses Donariong to Missions and Cbari(ies Genero1 Assembly Ass&wnents MinisTry & Support Staff Costs 186,418 50,308 20.119 86,690 146,511 24,814 27,803 107,457 343.535 306,585 Church property The church CentlY owijs buildings valued f[ insurAnee pUose5 it £5.663,471